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Recent News Headlines : Home-furnishing -
EXCLUSIVE: U.S. WATCHDOG SEEKS RECORD FINE AGAINST WELLS FARGO FOR...
Mulvaney was asked about the Wells Fargo matter at an industry event on Monday and declined to comment... READ MORE›
BANKS GET FIRST QUARTER BOOST FROM U.S. SYNDICATED LENDING
For extending loans to high-quality companies, banks earned US 512m in the first quarter, also the highest first-quarter income in records dating back two decades... READ MORE›
EXCLUSIVE: TRUMP OFFICIAL QUIETLY DROPS PAYDAY LOAN CASE, MULLS...
The payday loan cases are among about a dozen that Richard Cordray, the former agency chief, approved for litigation before he resigned in November... READ MORE›
Trending News Headlines : Home-furnishing
TOYS 'R' US COLLAPSES INTO BANKRUPTCY THANKS TO CRUSHING DEBT
Chapter 11 was certainly not the company's preferred outcome, Chief Executive David Brandon said in a court filing... READ MORE›
NEW U.S. SUBPRIME BOOM, SAME OLD SINS
Few things capture this phenomenon like the partnership between Fiat Chrysler Automobiles NV and Banco Santander SA... READ MORE›
OTTAWA MOVES TO LIMIT FOREIGN MONEY IN HOUSING WHILE TIGHTENING RULES FOR RESIDENTS TOO
Ottawa has announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that borrowers take on mortgages they can afford... READ MORE›
CFPB DROPS INVESTIGATION INTO PAYDAY LENDER THAT CONTRIBUTED TO MICK MULVANEY'S CAMPAIGNS
The Consumer Financial Protection Bureau has reversed course on payday lending since industry ally Mick Mulvaney became acting director in November... READ MORE›
TD BANK RAISES MORTGAGE PRIME RATE TO 2.85%
It's rare for the big banks to leave much gap between themselves on their prime lending rates, so other major lenders are expected to follow suit... READ MORE›
HOW A RATE HIKE THIS WEEK WILL IMPACT YOUR OTHER DEBT
With the Bank of Canada set to raise lending rates, mortgage holders have been warned to expect more expensive debt than they've become used to... READ MORE›
TRUMP AND LAWMAKERS GOT CASH FROM PAYDAY LENDERS, THEN WEAKENED LENDING RULES
Mulvaney received 26,500 in contributions from the payday lending industry over that same time period... READ MORE›
'IT'S VERY TROUBLING': HIDDEN CAMERA CATCHES CAR DEALERSHIPS BREAKING SALES RULES
Today, more than half of new car loans are for seven years or longer, according to automotive research firm J.D... READ MORE›
A HIGH CREDIT SCORE CAN MAKE YOU LOOK SEXY ON DATING APPS
A good credit score is more appealing than a nice car, said 58 percent of those surveyed... READ MORE›
THESE GUYS WANT TO LEND YOU MONEY AGAINST YOUR BITCOIN
Bitcoin's price hovered around 17,000 much of this week, giving the cryptocurrency a total market value of almost 300 billion... READ MORE›
TRUMP FINANCIAL REGULATOR MULVANEY PUSHED CFPB TO BACK OFF INDUSTRY THAT BANKROLLED HIM
A Significantly Higher Compliance Burden Mulvaney's criticism of the CFPB was not limited to its regulations of payday lenders... READ MORE›
HERE'S WHY THE KUSHNER'S TOWER NEEDS A SAVIOR
We are very bullish on New York real estate, and we are confident that 666 Fifth has great upside potential, Kushner said at the time... READ MORE›
NO, TRUMP CAN'T CUT U.C. BERKELEY'S FEDERAL FUNDING BY HIMSELF
Berkeley's Federal Funding by Himself Trump accused the school of stifling free speech after protesters shut down an event... READ MORE›
AUSTRALIANS MAY SOON STRUGGLE TO MAKE ENDS MEET
Further intensifying the squeeze is a rising cost of living, with electricity prices climbing as much as 20 percent in New South Wales state next month... READ MORE›
S&P CUTS CHINA'S CREDIT RATING, CITING RISK FROM DEBT GROWTH
S P also lowered Hong Kong's credit rating, a move that reflects the strong linkages between the financial hub and mainland China, the firm said... READ MORE›
CANADIAN BORROWERS WAIT AND WONDER IF RATES WILL RISE TOMORROW
Whether or not central bank lifts interest rates, the impact of a rise is already in the market... READ MORE›
THE PLANNED PARENTHOOD STING REVEALS THE UGLY TRUTH ABOUT AMERICA'S ABORTION BUSINESS
The White House has indicated that Barack Obama will veto any bill to defund Planned Parenthood... READ MORE›
MILLENNIALS ARE HELPING JACK MA'S FINANCING FIRM BECOME A DEBT GIANT
Ant Financial strictly follows relevant regulatory rules in disclosing information to investors... READ MORE›
PAYDAY LOAN CHARGES CAP TAKES EFFECT
Christopher Woolard, of the FCA, said the regulator had taken action because it was clear that payday loans had been pushing some people into unmanageable debt... READ MORE›
350 PERCENT INTEREST RATE? SENATORS BANKROLLED BY PAYDAY LENDERS CAN LIVE WITH THAT
Advance America is one of the payday lending companies that have donated to the campaigns of sponsors of the Protecting Consumers' Access to Credit Act of 2017... READ MORE›
AUTO LOAN FRAUD SOARS IN A PARALLEL TO THE HOUSING BUBBLE
Losses from auto loan fraud this year will likely be 4 billion to 6 billion, up from 2 billion to 3 billion in 2015, the firm said... READ MORE›
THESE GUYS WANT TO LEND YOU MONEY AGAINST YOUR BITCOIN
Bitcoin's price hovered around 17,000 much of this week, giving the cryptocurrency a total market value of almost 300 billion... READ MORE›
SINGAPORE'S BIG BANKS' BAD-LOAN WOES MAY BE GETTING WORSE
Fourth-quarter results due this week from DBS Group Holdings Ltd... READ MORE›
THE 'NO-BRAINER' FIX TO AMERICA'S STUDENT LOAN MESS
An Education Department study last year revealed that some 57 percent of borrowers, or 696,000 people, whose income information came due at re-certification missed their deadline... READ MORE›
TOTAL DEBT AT UNDER-PRESSURE IRISH WATER NOW TOPS EUR850M
Earlier this year, Mr Kelly gave approval for Irish Water to enter into a number of committed facilities with commercial banks totalling EUR550m... READ MORE›
BANKS TIGHTEN AUTO LENDING AS MORE BORROWERS FALL INTO DEFAULT
Drivers with credit scores below 620 now comprise less than 20 percent of new loans, down from almost 30 percent a decade ago... READ MORE›
GREECE SAYS BAILOUT DEAL CLOSE, BUT WILL NOT ACCEPT 'ILLOGICAL' DEMANDS
Reaching agreement would release another tranche of funds from it latest 86 billion euro bailout, and facilitate Greece making a major 7.2 billion euro debt repayment this summer... READ MORE›
CHINA TO LAY OFF FIVE TO SIX MILLION WORKERS, EARMARKS AT LEAST $23 BILLION
In addition, an assortment of local government matching funds will also be made available... READ MORE›
AS WALL STREET THRIVES AMERICAS LITTLE GUY CHOKES ON PAPERWORK
Another problem for smaller borrowers There are almost no new banks... READ MORE›
'DEEP SUBPRIME' AUTO LOANS ARE SURGING
At least two dozen lenders have tapped the debt market to sell bonds that hold their subprime auto loans over the last few years... READ MORE›